TLDR
- The Core Foundation collaborates with Maple Finance and custody company Bitgo, Copper and Hex Trust to launch LSTBTC, a fluid stake for institutional bitcoin holders
- The new symbol allows institutions to earn returns on bitcoin holding while maintaining existing custody arrangements
- Maple Finance will issue the floating stake token in the coming months, making it possible to use Stake BTC as security in Defi applications
- Current returns are aimed at 5%+ apy for 90-day lock, with slightly lower prices expected for the floating stake token
- Over 5,500 BTC and 165 million cores are currently stacked at the core blockchain, with $ 850 million in total locked value
The Core Foundation and Maple Finance launch a new Bitcoin effort solution that allows institutional investors to earn returns while holding their assets with trusted guardians. The partnership, which was announced on February 17, 2025, includes major custody suppliers Bitgo, Copper and Hex Trust.
The new product, called LSTBTC, turns Bitcoin into a return -generating asset without demanding that institutions move their holdings from existing custody arrangements. This development comes when the Cryptocurrency industry is looking for ways to make Bitcoin holding more productive.
Maple Finance CEO Sid Powell explained that the current Bitcoin product, which was launched earlier this month, offers returns of more than 5% APY for 90-day Lockups. The upcoming floating stake token will provide instant solution but with slightly lower returns due to the increased flexibility.
Core blockchain is currently worth over 5,500 fenced bitcoin and 165 million nuclear tokens. The platform has dealt with more than 350 million transactions and handles $ 850 million in total locked value since its mainnet launch in January 2023.
Institutional users can create LSTBTC by depositing bitcoin with participating guardians. The token maintains full liquidity, which allows holders to act, transfer or use it as security while still earn returns. When redeemed, users get their original Bitcoin Plus earned returns directly to their storage accounts.
The system uses Core’s double insert mechanism, which allows Bitcoin to earn nuclear rewards while maintaining network security. Maple Finance monitors the return -generating strategies and implements institutional risk management practice.
Hong Sun, an institutional donor to Core Dao, described the cooperation as a breakthrough for institutional bitcoin holders. The partnership combines Core’s blockchain technology, Maples risk management and the safety infrastructure for established guardians.
Institutional effort takes form
For institutional investors who handle Bitcoin Holdings, the new symbol offers a solution to a common challenge: generate returns while maintaining security and operational efficiency. The target market includes portfolio managers, ETP issuers, accredited investors and market manufacturers.
Core blockchain has received support From bitcoin Miners, with about 80% of bitcoin mine that contributes to network security. This integration has helped to attract over 40 million unique addresses to the platform.
Core presents itself as Bitcoin’s first proof of stick layers and the largest Bitcoin Defi Ecosystem. It combines Bitcoin’s security features with what they call Satoshi Plus consensus for improved scalability.
Maple Finance, founded in 2021, provides its experience as an institutional lending platform for Defi to the partnership. The platform launched its syiptoken in 2024 to enable community participation by staging and governance.
Bitgo, founded in 2013, processes a large part by bitcoin Network transactions and serves as the world’s largest independent supplier of digital assets and staking. The company supports thousands of institutions and millions of retail investors globally.
Copper, which works since 2018, focuses on custody and security management for institutional customers. Their Clearloop technology enables users to manage collateral and solve business over multiple stock exchanges.
Hex Trust, which was also founded in 2018, provides regulated institutional digital access to custody, staking and marketplaces. The company serves builders, investors and service providers through its integrated infrastructure.
The LSTBTC token is now available to institutional customers. Interested parties can learn more at lstbtc.coredo.org or by contacting the core directly.
